They go to the neck: Sberbank, the main Russian bank, almost went bankrupt
The European Central Bank (ECB) stated in a banking supervision statement that the European subsidiary of Sberbank is “bankrupt or likely bankrupt”. Sberbank Europe AG, which is headquartered in Austria and has subsidiaries in Croatia and Slovenia, suffered “significant deposit outflows” in the last few hours “as a result of the impact of geopolitical tensions” … Read more